About 9.5% of daily trades. Referred to as “Cable,” it’s volatile but widely traded due to the strength of the UK and U.S. economies
GBP/USD is showing strong bullish momentum after rebounding from 1.33, now eyeing the key 1.36 level. Easing US inflation, resilient UK data, and softer dollar sentiment are driving the pair higher ahead of crucial US economic releases. Traders watch resistance around 1.3550–1.36 closely for the next move. #Forex #GBPUSD #PricePrediction
GBP/USD rebounds strongly, eyeing the 1.36 mark amid softer USD momentum and resilient UK data. With key US economic releases ahead and Fed rate pause bets rising, the pair may extend gains—watch for a break above 1.3600 to confirm further bullish momentum.
GBP/USD faces a pivotal week from August 24-29, 2025, amid mixed UK GDP revisions and key US economic releases. Technicals show resistance near 1.2790 and support at 1.2600; a break either way could set the tone. Watch BoE and Fed cues closely. Analysis by DailyForex.com.
GBP/USD faces a pivotal week (24–29 Aug 2025) as markets digest UK inflation easing and sluggish growth against robust US economic data. Watch UK retail sales, US core PCE inflation, and central bank signals from BoE and Fed for key directional cues. Technical levels to monitor: resistance around 1.2650 and support near 1.2500. Volatility likely to persist amid ongoing global uncertainties. Analysis by Nicholas Kitonyi at DailyForex.com.
Sterling has held the key 1.35 level against the US dollar amid shifting Fed expectations and ongoing UK fiscal challenges. A potential Fed pivot is easing dollar strength, offering the pound some breathing room despite persistent UK economic and budgetary pressures. Traders should watch support near 1.3450 and resistance around 1.3600 as the outlook remains cautious.
Read more: https://www.tradingnews.com/news/gbp-usd-price-forecast-sterling-holds-1-35-as-fed-pivot-offers-uk-fiscal-strain
Sterling holds firm above 1.35 against the US dollar as Fed signals a pivot, easing dollar strength and offering relief amidst UK fiscal pressures. While the Bank of England navigates inflation risks and debt concerns persist, the GBP/USD outlook hinges on the delicate balance between UK fiscal discipline and evolving US monetary policy.
GBP/USD holds steady at 1.35 amid ongoing UK fiscal concerns, supported by the Fed’s recent shift toward a more dovish stance. While sterling gains shelter from easing dollar strength, lingering UK debt and economic uncertainty keep upside limited. Market focus remains on balancing domestic risks with global monetary signals.
GBP/USD holds firm above 1.35 as a Federal Reserve pivot eases dollar strength, offering relief amid mounting UK fiscal pressures. Sterling’s resilience reflects a cautious market balancing US policy shifts with UK economic and political challenges. Traders should monitor upcoming data and fiscal developments closely.
Sterling holds firm above 1.35 against the US dollar as the Fed’s shift toward a data-driven, less aggressive rate outlook eases pressure on GBP amid UK fiscal challenges. While UK growth concerns persist, the Fed pivot offers a key support pillar for GBP/USD in the near term. #Forex #GBPUSD #Fed
GBP/USD holds firm above 1.35 as the Federal Reserve signals a pivot, easing pressure on the dollar. Meanwhile, the Bank of England’s cautious stance and the UK’s fiscal challenges keep sterling supported amid ongoing market uncertainty.
